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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited Consolidated Condensed) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Total revenue $ 16,866 $ 7,958 $ 39,780 $ 29,286
Operating expense:        
Cost of revenue 10,764 6,428 26,358 21,932
Gross profit 6,102 1,530 13,422 7,354
Research and development expense 970 1,057 2,746 3,052
Selling, general and administrative expense 1,934 1,695 5,321 5,951
Income (loss) from operations 3,198 (1,222) 5,355 (1,649)
Interest expense 153 214 562 613
Income (loss) before provision for income taxes 3,045 (1,436) 4,793 (2,262)
Provision for income taxes
Net income (loss) $ 3,045 $ (1,436) $ 4,793 $ (2,262)
Net income (loss) per basic share $ 0.04 $ (0.03) $ 0.08 $ (0.05)
Weighted average number of basic common shares outstanding 69,873,394 49,598,581 59,778,119 49,532,395
Net income (loss) per diluted share $ 0.04 $ (0.03) $ 0.08 $ (0.05)
Weighted average number of diluted common shares outstanding 71,935,394 49,598,581 61,725,119 49,532,395
Product [Member]        
Revenue:        
Total revenue $ 16,785 $ 7,746 $ 39,479 $ 28,925
Product and Service, Other [Member]        
Revenue:        
Total revenue $ 81 $ 212 $ 301 $ 361